PFCCL

Project SPV “Raghnesda RE Transmission Ltd” incorporated

Bid process coordinator PFC Consulting Ltd has announced the incorporation of a new wholly-owned subsidiary “Raghnesda RE Transmission Ltd” that will act as a project special purpose vehicle for development of an ISTS scheme. The ISTS Read more

global green hydrogen ecosystem | T&D India

PFCCL incorporates project SPV for green hydrogen scheme in Gujarat

Bid process coordinator PFC Consulting Ltd (PFCCL) recently incorporated a wholly-owned subsidiary for development of an ISTS-TBCB scheme associated with upcoming green hydrogen plants in the Kandla region of Gujarat. In a stock exchange communication, PFCCL said that “Kandla Read more

More ISTS-TBCB schemes planned for RE evacuation from Madhya Pradesh

Two ISTS schemes for renewable energy evacuation from Madhya Pradesh, which will be awarded under the TBCB modality, were recently approved by National Committee on Transmission. The two schemes will facilitate RE evacuation from the solar Read more

Three SPVs incorporated for TBCB transmission projects

In independent developments, bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL), on November 20, 2024, together incorporated three wholly-owned subsidiaries to act as project special purpose vehicles for Read more

Madhya Pradesh deploys TBCB for its fourth intrastate scheme

Bidding has begun for what would be the fourth intrastate transmission system (InSTS) scheme in Madhya Pradesh, being developed under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

Tata Power formally acquires “Paradeep Transmission Ltd”

Tata Power has completed the formal acquisition of “Paradeep Transmission Ltd” from bid process coordinator PFC Consulting Ltd (PFCCL). Paradeep Transmission Ltd was incorporated on November 30, 2024 as a wholly-owned subsidiary of PFC Consulting Ltd Read more

PFCCL incorporates SPV for Koppal-Gadag ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle (SPV) for development of an ISTS scheme in Karnataka. Incorporated on October 21, 2024, the newly-formed SPV is called Read more

Azure Power Rajasthan | T&D India

SPV incorporated for Bhadla-Bikaner complex ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as the project special purpose vehicle (SPV) for an ISTS scheme seeking to facilitate evacuation of RE power from Rajasthan, Read more

PFCCL transfers four SPVs to winning bidders – PGCIL, Adani Energy

PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route. PFCCL was acting as Read more

Linxon SS Tata Power Solar Rajasthan | T&D India

Tata Power, three others, qualify for ERES-XXXIX

Tata Power is among the four bidders that have qualified for opening of initial prices bids of the Eastern Region Expansion Scheme – XXXIX (ERES-XXXIX). Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has qualified four bidders Read more